However, the recycled material or post-consumer waste such as newsprints is majorly used in production of moulded fibre pulp packaging. The newsprints with several recycling times results in short fibre chains with weak strength. This leads towards, limitation in recycling capabilities and performance challenge against its EPS substitute. The manufacturers in such cases, add virgin fibres from bamboo, sugarcane etc. in order to improve its mechanical strength and performance. Although, the moulded fibre pulp packaging accounts highest share in F & B packaging, the personal and health care end-users are growing at a faster pace. For instance, packaging for soaps, beauty creams & products in personal care segment and medical kits in health care segment are attractive revenue generators.

The key players present in this market are HUHTAMAKI GROUP, UFP Technologies, Inc., Brødrene Hartmann A/S and Pactiv LLC among others. To maintain dominance in this market companies are adopting various merger/acquisition strategies coupled with launch of innovative products for various end-users. Furthermore, expansion in capacities at key geographical areas such as Asia Pacific and African countries are some of the other strategies adopted by the market players to capitalize on regional opportunities.

Key Trends

Increasing adoption of bio-degradable packaging solutions

Moulded fibre pulp is moving forward beyond F&B packaging

Addition of various natural virgin fibres to offer competitive performance

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.